CYLCH MEITHRIN FFYNNONWEN
To offer every pre-school child in our catchment area the opportunity to benefit from early years education experience through the medium of the Welsh language
Financial health, per its FY2025 accounts
The accounts state that the charity has moved from a positive fund balance of £16,487 to a net liability position of £13,648 due to expenditure exceeding income. The trustees report that bank reserves were used to maintain consistent pricing and have scheduled a price increase for April 2025 to cover rising costs. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries or trustee remuneration.
What the accounts disclose
“The charity, in attempt to keep prices consistent has meant that bank reserves have been used.” — page 3
“The charity, in attempt to keep prices consistent has meant that bank reserves have been used. A price increased has been scheduled for April 2025 to cover increasing costs.” — page 3
Trustees
- Carris Davies
- Mari Brame
- Megan Rose Williams
- Rachel Kelly
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | — | — |
| 31/03/2024 | £93k | £116k |
| 31/03/2023 | £113k | £110k |
| 31/03/2022 | £71k | £60k |
| 31/03/2021 | £53k | £40k |
Common questions
Is CYLCH MEITHRIN FFYNNONWEN financially healthy?
Per its FY2025 accounts: The accounts state that the charity has moved from a positive fund balance of £16,487 to a net liability position of £13,648 due to expenditure exceeding income. The trustees report that bank reserves were used to maintain consistent pricing and have scheduled a price increase for April 2025 to cover rising costs. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries or trustee remuneration. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 24/03/2010 | £1k | 'Outdoor play' / 'Chwarae allan' |